Nvest Wealth Strategies Inc. Purchases 6,865 Shares of John Hancock Multifactor Mid Cap ETF $JHMM

Nvest Wealth Strategies Inc. lifted its position in shares of John Hancock Multifactor Mid Cap ETF (NYSEARCA:JHMM) by 1.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 423,460 shares of the company’s stock after purchasing an additional 6,865 shares during the period. John Hancock Multifactor Mid Cap ETF accounts for approximately 19.8% of Nvest Wealth Strategies Inc.’s investment portfolio, making the stock its biggest holding. Nvest Wealth Strategies Inc. owned approximately 0.54% of John Hancock Multifactor Mid Cap ETF worth $31,743,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its stake in John Hancock Multifactor Mid Cap ETF by 22.0% in the 2nd quarter. Raymond James Financial Inc. now owns 2,768,787 shares of the company’s stock valued at $169,256,000 after purchasing an additional 499,311 shares during the period. Rockefeller Capital Management L.P. increased its position in John Hancock Multifactor Mid Cap ETF by 248.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 375,081 shares of the company’s stock worth $24,560,000 after buying an additional 267,590 shares during the period. Align Financial LLC acquired a new stake in shares of John Hancock Multifactor Mid Cap ETF during the fourth quarter worth $14,025,000. Elevation Point Wealth Partners LLC lifted its holdings in shares of John Hancock Multifactor Mid Cap ETF by 459.4% during the first quarter. Elevation Point Wealth Partners LLC now owns 233,406 shares of the company’s stock worth $15,666,000 after buying an additional 191,679 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of John Hancock Multifactor Mid Cap ETF by 17.4% in the third quarter. Bank of America Corp DE now owns 1,101,996 shares of the company’s stock valued at $71,288,000 after acquiring an additional 163,445 shares during the period.

John Hancock Multifactor Mid Cap ETF Stock Performance

Shares of John Hancock Multifactor Mid Cap ETF stock opened at $76.51 on Wednesday. The firm has a 50-day moving average of $74.22 and a 200-day moving average of $71.53. John Hancock Multifactor Mid Cap ETF has a 52-week low of $61.84 and a 52-week high of $76.82. The stock has a market cap of $6.12 billion, a PE ratio of 19.18 and a beta of 0.99.

About John Hancock Multifactor Mid Cap ETF

The John Hancock Multifactor Mid Cap ETF (JHMM) is an exchange-traded fund that is based on the John Hancock Dimensional Mid Cap index. The fund tracks an index of US firms ranked 200-950 by size, weighted by multiple factors relative to their sector peers. JHMM was launched on Sep 28, 2015 and is managed by John Hancock.